Fluence Energy, Inc. (FLNC) reported a substantial first-quarter loss, leading to a pre-market decline of 42.3% in its stock price. The company posted an earnings per share (EPS) of -$0.32, which missed expectations by $0.14. Revenue for the quarter was $186.79 million, falling short of estimates by $186.73 million and representing a 48.7% year-over-year decrease. Following these disappointing results, Fluence lowered its full-year 2025 revenue guidance to a range of $3.1 billion to $3.7 billion, down from the previous forecast of $3.6 billion to $4.4 billion. The negative outlook has prompted BMO Capital to reduce its price target for Fluence from $22 to $10 and downgrade the stock to Market Perform. Additionally, the company is facing multiple downgrades due to concerns over its margins and growth prospects.